v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Right-of-Use Assets and Lease Liabilities

The right-of-use assets and lease liabilities for each lease location are as follows (in thousands):


 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Right-of-use assets:

 

 

 

 

 

 

Del Mar, CA

 

$

39

 

 

$

197

 

Hayward, CA

 

 

775

 

 

 

933

 

San Diego, CA

 

 

165

 

 

 

231

 

Edwardsville, IL

 

 

105

 

 

 

157

 

Total right-of-use assets

 

$

1,084

 

 

$

1,518

 

 

 

 

 

 

 

 

Lease liabilities

 

 

 

 

 

 

Del Mar, CA

 

$

121

 

 

$

205

 

Hayward, CA

 

 

840

 

 

 

1,003

 

San Diego, CA

 

 

180

 

 

 

250

 

Edwardsville, IL

 

 

107

 

 

 

161

 

Total lease liabilities

 

$

1,248

 

 

$

1,619

 

 

Schedule of Undiscounted Future Minimum Lease Commitments As of June 30, 2026, undiscounted future minimum lease payments related to leases that have initial or remaining lease terms in excess of one year are as follows (in thousands):

2026 (remainder of year from July 1, 2026 to December 31, 2026)

 

$

418

 

2027

 

 

573

 

2028

 

 

299

 

Total undiscounted future minimum lease payments

 

 

1,290

 

Less: imputed interest

 

 

(42

)

Present value of lease liabilities

 

$

1,248